Polkadot

Parathreads significantly lower the barrier to entry for projects, making Polkadot's ecosystem more accessible and efficient by providing a scalable solution for nascent projects and applications with variable activity. Functionality and Operation Parathreads represent a crucial innovation within the Polkadot ecosystem, offering an alternative to parachains for projects with limited resources. As application-specific data structures or layer-1 blockchains, parathreads operate parallel to Polkadot's relay chain, inheriting its scalability, security, interoperability, and governance features. Unlike parachains, which require dedicated slots on…

Polkadot ($DOT) has dropped almost 15% in the past week, slipping below its crucial trading level of $5.00. At the time of writing, $DOT traded for $4.85.  Buyers were unable to take control of Polkadot ($DOT), sending the coin down below its critical $5.00 trading level.  Polkadot ($DOT) Unable to Stay Above $5.00 Unfortunately, Polkadot ($DOT) continued with the bearish momentum it had experienced over the past week. $DOT is trading down by almost 15% on the seven-day charts after…

Polkadot is on the verge of a crucial trading level, with the price testing the $5 level. DOT has dropped by almost 12% over the past week and could break lower than $5 should buyers fail to counter the selling pressure. DOT is currently in a descending channel pattern, which is typically followed by higher prices, but only if the price can cross above the upper trend line. Polkadot (DOT) Looks To Stay Above $5 Polkadot (DOT) is attempting to…

Polkadot (DOT) has dropped by almost 11% during the past week. Bearish sentiment continues to weigh down on the asset, and DOT is increasingly under greater scrutiny as investors assess their options. Despite DOT’s price declining considerably since March, on-chain metrics are positive, with daily active users registering an increase and on-chain volume at record levels. One analyst has even predicted a 2x surge should DOT break out of its current falling trend. Polkadot (DOT) Price Plummets Polkadot (DOT) has…

Polkadot’s governance mechanism allows the protocol to evolve over time while staying in line with its stakeholders’ expectations. The primary goal of this governance mechanism is to ensure that most of the stakeholders command the network.  Polkadot uses an array of novel mechanisms, such as an amorphous form of state transition function stored on-chain and defined in a platform-agnostic language, along with on-chain voting mechanisms. All changes made to the protocol must be voted on and agreed upon by stake-weighted…

Polkadot is the title sponsor for Coinfest Asia 2024, the largest Web3 festival in Asia, set to take place in Indonesia, with over 6,000 participants and 250 speakers. Polkadot Takes Center Stage At Coinfest Asia The largest Web3 festival in Asia has found its title sponsor. Blockchain platform Polkadot will be the title sponsor for the Coinfest Asia event, which is scheduled to take place on August 22nd and 23rd, 2024, in Bali, Indonesia. The sponsorship announcement was released on…

Polkadot ($DOT) has not followed in Bitcoin ($BTC) and the altcoin market’s recent recovery, struggling to stray above its crucial $6 mark. $DOT currently trades at $5.70.  While the crypto market at large seems to have recovered from recent downturns, $DOT has not been able to capitalize on the gains. Investors appear to have lost interest, with $DOT unable to gain enough ground to surpass the $6 level.  Market Interest Declines Polkadot ($DOT) has lost significant ground over the past…

Tortola, BVI, July 25th, 2024, Chainwire The Tanssi appchain infrastructure protocol has announced a significant collaboration with Grupo Flow, one of Brazil’s largest media ecosystems, boasting over 23 million subscribers across multiple platforms. As Grupo Flow transitions into the blockchain space with the creation of Flow Chain, this collaboration signifies a milestone. Tanssi will facilitate this move, not only bringing Grupo Flow's vast community into the blockchain realm but also connecting them with Polkadot’s vibrant and interoperable ecosystem. This strategic…

Real-world assets (RWAs) represent an array of physical assets like real estate, artwork, precious metals, commodities, intellectual properties, and more. Tokenizing these assets on the blockchain unlocks new possibilities for liquidity, transparency, and accessibility.  OriginTrail harnesses the power of the OriginTrail Decentralized Knowledge Graph to extend discoverability and verifiability, bringing greater value for interconnected Web3 assets to Polkadot.  The World’s First Decentralized Knowledge Graph  OriginTrail is already in use in an array of industries, powering trusted data exchange. Users also…